8, SPARROWS CORNER, GREAT OAKLEY, HARWICH, CO12 5AA - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 SPARROWS CORNER is a small semi-detached house of 88m², built sometime between 1930 and 1949, which could now be worth an estimated £343,891. It was last sold for £245,000 in May 2016, which was around 36% above the average May 2016 semi-detached price in the Tendring local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

8 SPARROWS CORNER Sold Prices

Land registry data shows three sales for 8 SPARROWS CORNER since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Tendring local authority area for the corresponding sale date. One of the three 8 SPARROWS CORNER sales was for above the average price, whilst two were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 20 MAY	£245,000	£180,734	36% above HPI
2013 25 OCT	£147,000	£151,461	3% below HPI
2006 2 OCT	£101,000	£158,198	36% below HPI

8 SPARROWS CORNER Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Tendring local authority area over time, sourced from the HPI. The three 8 SPARROWS CORNER sales between October 2006 and May 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2013 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2016 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 8 SPARROWS CORNER be worth now?

8 SPARROWS CORNER might now be worth an estimated £343,891.

This is based on house price inflation of 40.4%, between May 2016 and May 2026, for semi-detached houses, in the Tendring local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.4% inflationary increase is applied to the most recent sale price for 8 SPARROWS CORNER of £245,000 on 20th May 2016. For the value to have increased from £245,000 to £343,891 over the ten years to May 2026, the following assumptions must hold true:

• The value of 8 SPARROWS CORNER has moved in line with the HPI for semi-detached houses in the Tendring local authority area.
• The May 2016 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SPARROWS CORNER has not materially changed since May 2016.

How Large is 8 SPARROWS CORNER?

8 SPARROWS CORNER is 88m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 40% of semi-detached houses houses in Great Oakley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Great Oakley, and where 8 SPARROWS CORNER lies on this distribution: 31% of semi-detached houses houses are smaller than 8 SPARROWS CORNER, and 68% of houses are larger. Note that EPC data is not available for all properties in Great Oakley.

8 SPARROWS CORNER: Plot and Title Map

8 SPARROWS CORNER sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 8 SPARROWS CORNER, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 SPARROWS CORNER). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 SPARROWS CORNER?

8 SPARROWS CORNER is located in GREAT OAKLEY, in the CO12 postcode district. The below map shows the position of No. 8 on SPARROWS CORNER.